Market News

Qatar Stock Exchange to do more for effective corporate disclosure

(The Peninsula - 8/16/2017 7:06:00 AM)

Qatar Stock Exchange (QSE) Chief Executive Officer (CEO) Rashid bin Ali Al Mansoori (pictured) has said the corporate disclosures in the country is one of the best in the region in terms of transparency. The bourse will, though, talk to all the ...

Mideast stocks sag on dim outlook

(Saudi Gazette - 8/16/2017 6:58:00 AM)

Middle East stock markets sagged again on Tuesday because of a mediocre economic outlook, with a shock loss at a real estate developer weighing on Dubai and Egypt dropping for a sixth straight day. Saudi Arabia’s stock benchmark Tadawul All Share Index ...

GCC IPO activity declines in Q2 2017 as market volatility weighs on in

(Saudi Gazette - 8/16/2017 6:57:00 AM)

After a positive start to the year, IPO performance in the Gulf Cooperation Council (GCC) in the second quarter of 2017 witnessed a slowdown in both the number of offerings and total proceeds raised. The Kingdom of Saudi Arabia hosted the only three IPOs ...

More Gulf IPOs in Q2, but for less money

(The National - 8/15/2017 7:26:00 AM)

Proceeds generated from initial public offerings in the second quarter of the year decreased 38 per cent from the year earlier period even though the number of listings in the three months ending in June increased. Markets held three IPOs in the second ...

Muscat bourse marginally recovers on scattered suppor

(Times of Oman - 8/15/2017 7:22:00 AM)

Shares on the Muscat bourse marginally recovered on scattered support. The MSM30 Index closed the session at 4,977.53 points, up 0.15 per cent. MSM Sharia Index gained 0.32 per cent to end at 733.51 points. Al Izz Bank was the most active in terms of ...

Qatar bourse sees healthy IPO pipeline

(The Peninsula - 8/15/2017 7:17:00 AM)

Qatari bourse is hoping for a growing number of IPOs, across all sectors. The stock exchange is confident of some family-run companies going public in the coming months. Speaking on the sidelines of a ceremony held to celebrate the listing of Qatari ...

GFH shares end limit down despite strong results

(Gulfnews - 8/15/2017 7:16:00 AM)

Gulf Finance House closed at its lower limit despite record 400 per cent increase in net profit, while weakness in Damac Properties and Emaar weighed on wider market sentiment. “There could be some activity on GFH for their results and the potential of a ...

ADX listed companies’ capital reaches Dhs87.1b in 2016

(The Gulf Today - 8/15/2017 7:08:00 AM)

The capital value of companies listed at Abu Dhabi Securities Exchange amounted to Dhs87.1 billion by the end of 2016, according to official statistics. The banking sector accounts for 41.2 per cent of the total capital of 13 national banks worth ...

Kuwait little changed as Zain extends gains – NBK rallies 11 fils;

(Arab Times - 8/15/2017 7:02:00 AM)

Kuwait stocks trod water on Sunday as it opened the week on a divergent note. The bourse inched 1.1 pts up in volatile session to 6,846.11 points even as Zain and National Bank of Kuwait saw strong buying interest. The broader trend however was largely ...

Saudi stocks decline on Media, Agri losses

(Saudi Gazette - 8/15/2017 7:02:00 AM)

Saudi Arabia equities were lower at the close on Monday, as losses in the Media & Publishing, Agriculture & Food and Multi Investment sectors propelled shares lower. At the close, the stock benchmark Tadawul All Share Index fell 0.32%. The biggest ...